SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Power Grid spurts on receiving approval for two investment proposals

29 Jun 2012 Evaluate

Power Grid Corporation of India is currently trading at Rs 112.60, up by 3.00 points or 2.74% from its previous closing of Rs. 109.60 on the BSE.

The scrip opened at Rs. 109.60 and has touched a high and low of Rs 112.90 and Rs 109.60 respectively. So far 227435 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 115.25 on 20-Apr-2012 and a 52 week low of Rs 93.60 on 12-Sep-2011.

Last one week high and low of the scrip stood at Rs 112.90 and Rs 107.00 respectively. The current market cap of the company is Rs 52084.41 crore.

The promoters holding in the company stood at 69.42% while Institutions and Non-Institutions held 20.93% and 9.64% respectively.

Power Grid Corporation of India (PGCIL) has received nod for two investment proposals worth Rs 1,631.51 crore. The first investment approval is for system strengthening - XVII in Southern Regional Grid at an estimated cost of Rs 1,508.74 crore with commissioning schedule of 33 months from the date of investment approval.

The second approval is for augmentation of transformation capacity in Northern & Eastern Regions' with commissioning schedule of 20 months from the date of investment approval whereby Part-I compromise of augmentation of transformation capacity in Northern Region at an estimated cost of Rs 91.97 crore and Part-ll compromise of augmentation of transformation capacity and reactive compensation in Eastern Region at an estimated cost of Rs 30.80 crore. The board at its meeting held on June 27, 2012 has considered and approved the same.

PGCIL is India’s principal electric power transmission company. It owns and operates most of India’s interstate and inter-regional electric power transmission systems with inter-regional power transfer capacity of about 20,800 MW and wheels nearly 45% of total power generated across India.

Power Grid Corp Share Price

318.05 5.80 (1.86%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×